Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are taking advantage of IRS tax loopholes for tax breaks on their losses from BTC, ETH, […]
The Dogecoin Foundation – a nonprofit organization that supports the development of the first-ever memecoin – announced a new 5,000,000 DOGE development fund. The capital will be distributed to developers who contribute to the advancement […]
Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or cryptocurrencies — an initiative the 118th Congress could address following […]
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and […]
Bitcoin OG and core developer, Dashjr, claimed virtually all his bitcoins were stolen. The hackers accessed the developer’s PGP key. On November 17, 2022, Dashjr, noted his server had been compromised. A Bitcoin OG and one […]
2022 proved to be a fruitful year for Ethereum Name Service, with the platform recording 2.2 million registered domains despite unfavorable market conditions for the cryptocurrency space. According to the service, over 80% of the […]
On Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto-asset trading over […]
Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users of crypto […]
The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year. On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), […]
Key Takeaways U.S. prosecutors requested documents from Changpeng “CZ” Zhao and other Binance executives related to the exchange’s anti-money laundering checks and communications handling compliance issues. Zhao confirmed claims made in a Reuters report on […]
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